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Property profile & analytics
OFF-MARKET
Lifestyle centers

1060 Lillington Hwy Spring Lake, NC 28390

30,781 SF Built 1982
Property ID
Property summary
AI-generated overview

This exceptional single-tenant retail property, totaling 30,781 square feet, is ideally situated in the heart of Spring Lake, North Carolina, within the Cedarwood Shopping Center. Built in 1982, this one-story building sits on a 10,000 square foot lot and is zoned C(P) - Planned Commercial District (APN: 0512-00-4298; 0512-00-6761, Cumberland County). Its convenient location on Lillington Highway (NC 210), just north of the NC 87 split, provides excellent visibility and accessibility for customers. The property benefits from a highly visible road-front location with a pylon sign at a signalized intersection, ensuring maximum exposure. The property is also strategically positioned less than five minutes from Fort Bragg, offering a significant advantage for businesses catering to military personnel and their families. Utilities are serviced by Duke Progress Energy. The building does not include elevators. The lease rate is $8 per square foot, plus $2 per square foot in tenant improvements and common area maintenance (TICAM). This presents a unique opportunity for businesses seeking a well-established retail space in a thriving community with a strong customer base. This property is perfect for a variety of retail or restaurant uses.

Property profile
Verified
Property type Lifestyle centers
Year built 1982
Total area 30,781 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cedarwood Shopping Center Business Service Center Corporate Office
  • Resources Exchange Association Inc Association Or Organization
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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